Inspire Medical Systems Inc (INSP)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	36,083	13,496	-14,293	-35,991	-40,271	-49,903	-53,626	-51,034	-47,592	-49,078	-41,680	-40,217	-39,850	-45,091	-45,187	-55,457	-56,208	-58,439	-57,198	-42,560
Revenue (ttm)	US$ in thousands	802,804	755,594	705,705	660,912	624,799	570,191	525,421	465,221	406,179	346,139	298,755	260,292	231,266	199,415	173,576	132,804	113,797	94,694	80,247	86,622
Operating profit margin		4.49%	1.79%	-2.03%	-5.45%	-6.45%	-8.75%	-10.21%	-10.97%	-11.72%	-14.18%	-13.95%	-15.45%	-17.23%	-22.61%	-26.03%	-41.76%	-49.39%	-61.71%	-71.28%	-49.13%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $36,083K ÷ $802,804K
= 4.49%

Inspire Medical Systems Inc's operating profit margin has shown a significant improvement over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at a negative figure of -49.13% in March 2020 and reached its lowest point of -71.28% in June 2020.

However, the company gradually managed to reduce its operating losses, with the margin improving to -6.45% by December 31, 2023. Notably, by the end of December 31, 2024, the trend reversed, showing a positive operating profit margin of 4.49%.

This positive change indicates a significant improvement in the company's profitability and efficiency in managing its operating expenses to generate profits. The increasing trend in the operating profit margin reflects positively on Inspire Medical Systems Inc's financial performance and sustainable growth prospects.